The NZD/USD pair has bounced above support levels following the Reserve Bank of New Zealand’s decision to cut interest rates by 50 basis points. The move by the RBNZ has helped boost the pair, with traders closely monitoring the situation. The currency pair is now trading above key support levels, indicating a potential increase in buying pressure. The decision by the RBNZ has had a significant impact on the NZD/USD pair, and traders are expected to continue watching closely for any further developments.
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